Warning of pumping counterfeit currency through the process of changing the categories damaged
Warned a member of the Economic Committee in the House of Representatives Aziz al-Mayahi, the exploitation of some gangs pumping counterfeit currency into the market during the switching process damaged by a new categories of existing currency by the central bank, calling to take significant steps to tighten control on the process of change to prevent this from happening.
Mayahi said the Agency news after failing to reach an agreement to implement a project to change the current currency by deleting yellowing three of them during the current period, Valtjo central bank to switch the current currency damaged to another through a new contract with a foreign company to do so.
He added: the process must be carried out according to strict legal measures because there are criminal gangs specialized economic counterfeiting currency to take advantage of this opportunity to put forged categories to the domestic market, thus affecting the financial and economic situation of the country.
The central bank announced on his contract with a British company to replace damaged currency with new ones, stressing that the replacement process will be the beginning of the month of November, as pointed out that these currencies are only 1% of the currency in circulation in the market.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh, said that “the bank has contracted with a British company specialized printing currency to print in small denominations which the 250 dinars and the JD 1000, for the purpose of replacing damaged with new ones,” noting that “this company is one of the large companies that are printed nearly 60% of the world’s currencies. “ The citizens suffer difficulty buying small groups of markets due to damage and rupture most especially the two categories of the 250 and 1000 dinars.